SAP A.G. Message Board - Msg: 5440934

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Technology Stocks : SAP A.G.

SAP 242.04

+0.2%

3:59 PM EST

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To: Ibexx who wrote (2175)	8/7/1998 2:43:00 PM
From: Lizzie Tudor	Read Replies (1) of 3424

Ibexx, Well fundamental and mkt analysis is one indicator as to stock price, and about the only insight that I can add. With regards to "judgement". The best play I have heard of recently (in enterprise sw) was a pre-IPO position in Siebel, which was available to some individuals and all initial employees. This was a 50x return. IMO, a 50x return is excellent judgement in an enterprise sw equity play (I'll even go all the way down to 20x). Buying Sap in the teens does not qualify as an excellent judgement call in this space as far as Im concerned. Michelle

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